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FOXNEWS Special Report With Bret Baier July 7, 2024



street conceding his party wanted him gone. his exit triggers an election to pick the next conservative leader. the timetable for that will be announced in coming days. senior foreign affairs correspondent greg palkot is in london tonight with what comes next. good evening, greg. the sun has finally set in london one of the most tumultuous days in political history all because of a shakeup at the top. boris johnson took one of his last walks out of number 10 downing street today after more government officials called for him to quit u.k. prime minister stepped down as conservative party leader which should lead to his departure as p.m. whlg it moves it moves. and my friends in politics, no one is remotely indispensable. protesters and british political insiders cited a lost of trust in johnson following a series of sandals most recently a lawmaker accused of sexual misconduct. critics don t want him to stick around as prime minister while a successor is chosen b ....

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BBCNEWS Asia Business Report June 4, 2024 03:31:00

Fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting ....

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BBCNEWS Asia Business Report June 4, 2024 01:31:00

Correspondence sent this report. the december note on the us central banks asked meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak of the cycle. they also agree it will come down this year. they offered no clues as to how or when that will happen. to remind viewers come at the federal reserve started raising rates in march 2022 to tame inflation. it is so 11 times, taking the benchmark rate to 5.5%. inflation by the time of the last meeting had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number of job openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without ....

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BBCNEWS Asia Business Report June 4, 2024 02:31:00

As inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without ....

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BBCNEWS World Business Report June 4, 2024 05:37:00

United states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. martin baccardax is senior editor at thestreet.com. hello to you. what did you make of the minutes? when do you think the fed will start to cut rates? not testing inasmuch may be. ., , rates? not testing inasmuch may be, ., , a“, ., be. that is the $35 trillion question be. that is the $35 trillion question as be. that is the $35 trillion question as to be. that is the $35 trillion question as to when - be. that is the $35 trillion question as to when the l be. that is the $35 trillion i question as to when the rate cuts. so many assets around the world will rely on that timing. they have kept it reasonably close to that chest. i was surprised they were talking about having rate elevated ....

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